Step

Step	Key Question	Action
1	How do you want to play the game?	Articulate desired or intended strategy
2	What do you need to know?	Articulate strategy à knowledge link
3	What do you know?	Create internal knowledge map
4	What’s your internal knowledge gap?	Compare what you need to know to what you do know
5	What do your competitors know?	Create external (competitor/industry) knowledge map
6	What’s your external knowledge gap?	Compare what you know to what your competitors know
7	What is your learning cycle?	Assess your dynamic learning capabilities and intent
8	What are your competitors’ and industry learning cycles and capabilities	Assess your industry’s and competitors’ dynamic learning capabilities and intentions
9	What is your learning gap?	Compare your dynamic learning capabilities to those of your competitors and your industry
10	What’s your internal strategic gap?	Assess how your internal knowledge gap affects your current strategy
11	What’s your external strategic gap?	Assess how your external knowledge gap affects your current strategy
12	What’s your industry cycle strategic gap?	Assess how your dynamic learning gap affects your future strategy
13	What’s your new current and future strategy?	Determine if and how your knowledge and learning gaps require a revision in strategy
14	What’s your knowledge strategy?	Determine how aggressive you will be to close your knowledge gaps regarding exploration vs. exploitation regarding internal vs. external sources

Table 1